Spot and derivatives tradingSpot and derivatives trading.

What Is BCTEX ?The exchange has a two-tier referral program that offers up to 30% of referral commissions. The main advantage of BCTEX is a smart pool with flexible mining and staking. The exchange implements many programs with the ability to customize the investment mechanism according to specific parameters..

BCTEX Cryptocurrency Exchange charges what they call flat fees, meaning that both the takers and the makers pay the same fee. In this case, that fee is 0.20%. These flat fees are quite in line with, or slightly above, the global industry averages for centralized exchanges. In the largest and most recent empirical study performed on industry average crypto trading fees, they found that the industry average spot trading taker fee was 0.217% and the corresponding spot trading maker fee was 0.164%. Here, as you recall, they are both set at 0.20%. The exchange lists five advantages with the platform on its website. Interestingly enough, three of the advantages relates to the platform being located in Russia and catering to Russian clients. So if you don’t feel that those things are an advantage, the only two real advantages promoted by the exchange for you is that it is a fiat gateway (i.e., an “entry-level exchange”) and that it has mutually beneficial crowd-marketing solutions. We’re not even sure what the latter means, but that’s what they say.1. None at all..

Regarding the fees, BCTEXhas reasonable commission fees which become more favorable as the trading volume of the user increases. However, there is a minimum deposit and withdrawal amount (1000 TRY) via bank transfer. There is a very small limit for instant transfers, which is 10 TRY..Low trading fees per transaction. Fees only increase when depositing/withdrawing large amounts. Also no limit on transactions or minimum thresholds..

BCTEX exchange offers several cryptocurrencies for users. Those cryptocurrencies include the few of the most popular ones which are Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Tether (USDT), and Stellar Lumens (XLM).Cointelegraph is the leading independent digital media resource covering a wide range of news on blockchain technology, crypto assets, and emerging fintech trends. Each day their team delivers the most accurate and up-to-date news from decentralized and centralized worlds. The editorial content is based on our passion for delivering unbiased news, in-depth analytics, comprehensive cryptocurrency price charts, insightful opinion pieces, and regular reports on the social transformation that digital currencies bring..

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